Tag Archive: Transparency

EIO – Carbon Ranking Methodology Explained

The EIO’s new environmental tracking carbon index methodology deserves a short explanation because it highlights the complex ecologic, economic and political context of carbon ranking. First, one has to consider the multiple goals of the ranking: It aims both at measuring reliably and comprehensively corporate greenhouse gases emission (GHG) intensity as well as at incentivising companies to become more transparent about their emissions and to verify GHG data. These requirements translate into a rather complex methodology, which I will try to explain in three steps. Please note that corresponding to the EIO’s transparency goal, only publicly available data was …

Investors urge for better environmental reporting

The recent publication of EIO’s environmental tracking (ET) carbon rankings highlighted the low level of greenhouse gas (GHG) emission transparency particularly of Northern American companies. Now the corporate social responsibility (CSR) coalition, a group of financial institutions, NGOs and investors led by Aviva Investors calls for integration of corporate social responsibility (CSR) data into financial reports. Politicians should adopt international agreements requiring companies to publish so called “integrated reports”, which substantially improve the level of level of CSR disclosure.
ON green policy. It is interesting to note that voluntary measures have obviously failed to sufficiently incite companies to properly disclosing …

Environmental Investment Organisation – New Carbon Ranking

The Environmental Investment Organisation (EIO) in London has published a new carbon ranking. In five major reports covering Europe’s, North America’s, Asia/Pacific’s and BRICS’s 300 as well as the Global 800 biggest companies, the British NGO sheds light (based on publicly available data) on carbon transparency and efficiency of the global business leaders. The reports venture into a new dimension of carbon reporting and for the first time take into account indirect (scope 3) emissions. Combined with the important role of reporting transparency and thanks to the all inclusive (in contrast to the traditional best-in-class) approach in the ranking …